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Article: Wrigley Announces 15 Percent Gain to Record Annual Net Sales of $5.4 Billion; Full-Year Earnings Per Share Climb 20 Percent to New High.
- Article from:
- PR Newswire
- Article date:
- February 4, 2008
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CHICAGO, Feb. 4 /PRNewswire-FirstCall/ -- The Wm. Wrigley Jr. Company today announced that full-year 2007 net sales climbed 15 percent from the prior year to a new annual sales record of $5.4 billion, which also produced record earnings results in 2007.
Fully diluted net earnings per share were $2.28 for the year, up $0.38 or 20 percent from a year ago. On a non-GAAP basis, excluding the impact of current year gains from asset sales, and restructuring charges in both periods, fully diluted earnings per share for the full year were $2.24, up $0.23 or 11 percent from 2006.(1)
"In a year of rising costs and competition, we delivered against our long-term ...